Which of the following statements are correct?
A) If an exempt organization records annual gross receipts of less than $50,000, it files Form 990-N.
B) Private foundations must file Form 990-PF (Return of Private Foundation).
C) An exempt organization with less than $250,000 in gross receipts may file a Form 990-EZ.
D) Only a. and b. are correct.
E) a., b., and c. all are correct.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements are correct?
A) If an exempt organization records annual gross receipts of less than $50,000, it files Form 990-N.
B) Private foundations must file Form 990-PF (Return of Private Foundation).
C) An exempt organization with less than $250,000 in gross receipts may file a Form 990-EZ.
D) Only a. and b. are correct.
E) a., b., and c. all are correct.

Which of the Following Statements Are Correct